|By Business Wire||
|May 15, 2014 09:35 AM EDT||
Ultimate Software (Nasdaq: ULTI), a leading cloud provider of people management solutions, announced today that the company has been ranked #4 on the inaugural list of “Ten Great Workplaces for Millennials.” This list is produced by Great Place to Work®’s Great Rated!™, the site that provides in-depth insight to job seekers on hundreds of companies and their cultures.
Companies appearing on the list of Ten Great Workplaces for Millennials were rated based upon Trust Index© employee survey scores from respondents under the age of 35 and include only companies with at least 50 millennial-aged respondents. Trust Index© scores reflect the average response of employees to 58 statements that measure levels of trust, pride, and camaraderie within a company.
“Millennials are a crucial generation for businesses as they plan for their future,” said Kim Peters, CEO of Great Rated!™ “These companies have found that meaningful work, ethical and caring management, and generous compensation make young employees feel comfortable and excited about work.”
Ultimate offers many career growth opportunities in a highly collaborative, technologically advanced, and innovative work environment that young professionals often seek. In addition, Ultimate has a unique culture of family, and many at the company say they have found a “home” they never want to leave. Benefits at Ultimate include all employees being given stock ownership when they are hired, 100% company-paid medical and dental coverage for employees and their families (including domestic partners), and a 35% match on 401(k) contributions. Lifestyle perks at Ultimate include a Wellness coach; basketball court; cycling team; on-site massages and car washes; mortgage advisors; “chill” rooms for relaxing; games throughout the offices such as darts, foosball, air hockey, and Nintendo Wii; frequent recognition and rewards for individual, team, and company achievements; and more.
“We have always valued people of exceptional talent and, over the years, we have been fortunate to build a team second to none,” said Scott Scherr, president, founder, and CEO at Ultimate. “We are honored that our millennial-aged employees rated us so highly on surveys, enabling Ultimate to appear on a list with other people-centric organizations like ours that invest in their employees. Our people have made Ultimate a business success by producing our industry’s best products and services.”
Ultimate extends our congratulations to our customers that also made the 2014 list of the Ten Great Workplaces for Millennials. These include David Weekley Homes, Google, Acuity, and Quicken Loans.
“Millennials have their unique characteristics, but our research over three decades shows that employees of all ages appreciate high-trust workplaces,” said China Gorman, Global CEO of Great Place to Work®. “Congratulations to the companies on the list of Ten Great Places for Millennials for understanding how to create great cultures for this vital generation.”
About the Ten Great Workplaces for Millennials List
Companies on the Ten Great Workplaces for Millennials list had the top Trust Index© employee survey scores from young people, and at least 50 millennial-aged employees, among the 191 companies in Great Rated!™’s database of companies. Trust Index© scores reflect the average response of employees to 58 statements that measure the trust, pride, and camaraderie within a company.
About Great Rated!™
Great Rated!™ gives job seekers the inside scoop on companies and their cultures so they can find their best fit. Through its Great Rated!™ Reviews, job seekers gain unique in-depth insights into workplaces and hiring practices and can easily compare the strengths and benefits across multiple organizations. Ratings are based on the results of confidential surveys distributed randomly to a representative sample of each company’s current employees. The survey used is the Trust Index© tool from our parent company Great Place to Work®, which has used this survey for more than 25 years to assess millions of employees worldwide.
About Great Place to Work®
Great Place to Work® is the global authority on high-trust, high-performance workplace cultures. Through proprietary assessment tools, advisory services, and employer branding programs, including Best Companies lists and workplace reviews, Great Place to Work® provides the benchmarks, framework, and expertise needed to create, sustain, and recognize outstanding workplace cultures.
About Ultimate Software
Ultimate is a leading cloud provider of people management solutions, with more than 15 million people records in the cloud. Built on the belief that people are the most important ingredient of any business, Ultimate’s award-winning UltiPro delivers HR, payroll, talent, compensation, and time and labor management solutions that seamlessly connect people with the information and resources they need to work more effectively. Founded in 1990, the company is headquartered in Weston, Florida, and has more than 2,000 professionals focused on developing the highest quality solutions and services. In 2014, Ultimate was ranked #20 on FORTUNE’s list of the 100 Best Companies to Work For; recognized as a ‘Leader’ in Nucleus Research’s HCM Technology Value Matrix; and awarded the highest rating by Constellation Research in its Cloud Buyer’s Bill of Rights Certification. Ultimate has 2,700 customers with employees in 150 countries, including Adobe Systems Incorporated, Bloomin’ Brands, Culligan International, Major League Baseball, Pep Boys, Texas Rangers Baseball, and Texas Roadhouse. More information on Ultimate’s products and services for people management can be found at www.ultimatesoftware.com.
UltiPro is a registered trademark of The Ultimate Software Group, Inc. All other trademarks referenced are the property of their respective owners.
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